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Synchronisation des chocs d’offre et de demande en Europe – Un après-euro ou une après-crise des subprimes ?

Author

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  • Gilson, Nathalie alias Natacha

    (Université Catholique de Louvain/Louvain School of Management)

  • Labondance, Fabien

    (OFCE- Sciences-Po)

Abstract

Supply and demand Shocks Synchronization in Europe. An after euro or an after subprimes crisis ? This paper investigates the synchronization of demand and supply shocks observed in the Eurozone member states and in some neighboring countries. Based on Blanchard and Quah (1989) methodology, this paper shows that shock synchronization in the Eurozone increased just after the subprimes crisis. However, a decrease in this synchronization appeared at the end of the analyzed period. Résumé - Cette étude porte sur la synchronisation des chocs d’offre et de demande observés au sein des États membres de la zone euro et dans certains pays voisins. Basé sur la méthodologie de Blanchard et Quah (1989), cet article montre que la synchronisation des chocs s’est accrue au sein de la zone euro après l’éclatement de la crise des subprimes. Toutefois, une diminution de cette synchronisation apparaît sur la fin de la période analysée.

Suggested Citation

  • Gilson, Nathalie alias Natacha & Labondance, Fabien, 2013. "Synchronisation des chocs d’offre et de demande en Europe – Un après-euro ou une après-crise des subprimes ?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 89(3), pages 155-189, Septembre.
    • Handle: RePEc:ris:actuec:0089
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    References listed on IDEAS

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